Australian shopping mall operator scentre croup made its international bond debut last Tuesday with a four-part transaction that underlined the advantages of major European markets for Australian issuers. Scentre, which was created through the merger of Westfield Group's Australian and New Zealand assets and its operating platform with Westfield Retail Trust, sold the equivalent of €2.1bn in euro and sterling bonds. The huge offering was the largest inaugural Australian corporate sale in the European market and the biggest deal in Europe from any Australian issuer outside the mining and banking sectors. Joint lead managers Barclays, BNP Paribas and Deutsche Bank arranged the deal.
展开▼
